Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$376,733$287,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$1,884$0
Note rate6.340%7.400%
Blended rate6.340%7.640%
1st payment$2,439.96$1,987.82
2nd payment$0.00$0.00
Taxes / mo$347.92$347.92
Insurance / mo$150.00$150.00
MI / mo$0.00$57.42
HOA / mo$235.00$235.00
Total monthly$3,172.88$2,778.16
Cash to close$0$31,900